You wish! The reality is that the total number of Federal Employees remains remarkably stable at about 2.3 million. Furthermore, this overall number has been steady for several decades now. Little rearrangements occur between different departments and agencies, according to current politics and budget levels, but the overall picture stays about the same.

So, any new Federal government hiring is largely due to replacements of former employees who retire and leave, rather than increases in invidual agency or department budgets. State and local government hiring is shrinking, not growing.

1:11 pm April 28, 2011

RogerB34 wrote:

Blowing sunshine!

1:41 pm April 28, 2011

Back to 2010 wrote:

Theses cheerleaders were calling for a v-shaped recovery last year at this time

They were 100% wrong

Instead we got qe-2

No problem guys just tear up your bad calls,make some new ones and the financial press will forgive you

A recent gallop poll says that 55% of the people think we are still in recession

Keep waviing the pom poms guys you have a lot of work to do

2:06 pm April 28, 2011

The Undertaker wrote:

Right, and I'm Mary Poppins.

2:47 pm April 28, 2011

titus pullo wrote:

Izzo at it again..giving a voice to those who are never right...

How about asking folks on main street since the "economists" are always those who work in the "financial sector"..these guys are never going to say easy money policies don't work..they make their money off the Fed and deficits....

Come on Phil..you can do better than this..

2:52 pm April 28, 2011

Master of Business Administration wrote:

It's a long term depression, regardless of how much Ben Bernanke devalues the dollar and the government fluffs the statistics.

2:59 pm April 28, 2011

Master of Business Administration wrote:

The key to economic growth and health is productivity. The American economy has 50-60 million unemployed/underemployed slackers and welfare recipients that aren't producing enough to justify their existence. That is a huge anchor that will ensure that the American economy will be stuck in the mud for decades.

I see you got out of the big house of those transgender porno charges.

4:12 pm April 28, 2011

WSW wrote:

2:52 pm Agree. Well said!

4:34 pm April 28, 2011

Anonymous wrote:

Silver soared to an all-time high on Thursday and gold rose to another record, as a falling dollar and signs that the Federal Reserve would maintain a loose monetary policy boosted precious metals' appeal as a hedge against inflation and economic uncertainty.

Silver briefly climbed to within a whisker of $50 an ounce, eclipsing the peak hit when Texan brothers William Hebert and Nelson Bunker Hunt sought to corner the silver market three decades ago. The metal later pulled back on technical selling.

"Yesterday's speech from the Fed was an acknowledgment of the continuing of the strategy by the Fed and Washington ... to monetize our debt, and basically to devalue the dollar," said Robert Lutts, chief investment officer of Cabot Money Management, which oversees more than $500 million in client assets.

"The metal markets are recognizing that and it is being priced in. What monetization means is that, down the road, we will have more inflation," he said.

4:36 pm April 28, 2011

SWS wrote:

2:5* was WSW, easy to spot.

5:12 pm April 28, 2011

wcmillionairre wrote:

The pontifications of these economic experts are HILARIOUS!
Seriously, do these folks get paid to do this?

5:23 pm April 28, 2011

Joseph Sheehan wrote:

Was there not a payroll tax break in teh first quarter? How did that work out?

5:42 pm April 28, 2011

Econguy wrote:

Yeah until they revise the outlook again!

7:34 pm April 28, 2011

STAGFLATION INC. wrote:

I give up - Obama and Ben win
I am liquidating my Bank accounts and investing in foreign markets ASAP.
I wish I had done sooner as I have lost at least 20% of my savings over the past couple of years due to the constant and ever going devaluing of the dollar. I suggest others do the same. Remember that they still need to raise the debt ceiling which is sure to reduce the value of the dollar further in the coming weeks.

Of course the Dems will blame this on the Repugs and vice versa. We are all screwed

12:25 am April 29, 2011

Bill Clinton wrote:

Not sure which is the sorrier group of slime; economists or wall street carnival barkers. Both aren't worth the powder it would take to blow out their lemming fleecing brains.

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